Truist lowered the firm’s price target on Peakstone Realty Trust to $13 from $16 and keeps a Hold rating on the shares. Truist continues to see structural challenges in suburban office and believes there is heightened terminal risk in the sector, especially for the vacant buildings that Peakstone owns in the other segment, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PKST: